When they incorporate, many businesses form as Limited Liability Companies (LLCs). An LLC is a corporate structure that’s a separate entity from the person(s) forming it. It also requires the owners ...
A limited liability company operates as an entity separate from its owners. The LLC is responsible for the company's debts, while the owners have limited legal and financial liability. The law ...
A limited liability company, often referred to as an LLC, has many advantages. Because an LLC represents characteristics of a corporation and a partnership combined, it takes on the best of both of ...
If you’re a member of a limited liability company (LLC), do you have to pay self-employment taxes? That’s a darn good question. Our beloved Internal Revenue Code’s self-employment (SE) tax provisions ...
When the New Jersey Limited Liability Company Act originally went into effect in January 1994, the Internal Revenue Service required that a limited liability company have at least a majority of the ...
Forbes contributors publish independent expert analyses and insights. I write about commercial real estate negotiations, deals and legal issues. Once in a while the manager of a limited liability ...
When choosing a small business structure, many owners go for a limited liability company (LLC) because of the protection from liabilities it provides. If you've thought about starting an LLC, follow ...
The limited liability company was first offered as an option for structuring businesses 40 years ago in Wyoming. By the late 1990s, all states had laws authorizing the organizing of businesses under ...
Opinions expressed by Entrepreneur contributors are their own. When choosing a small business structure, many owners go for a limited liability company (LLC) because of the protection from liabilities ...